\begin{tabular}{l*{10}{c}}\hline\hline
\multicolumn{1}{l}{\textbf{Panel A: Overall Effect}} \\
            &\multicolumn{2}{c}{Revenue}                &\multicolumn{2}{c}{Labor Productivity}     &\multicolumn{2}{c}{Labor Costs}            &\multicolumn{2}{c}{Labor Costs p.c.}       &\multicolumn{2}{c}{Profits}                &\multicolumn{2}{c}{Employment}             \\\cmidrule(lr){2-3}\cmidrule(lr){4-5}\cmidrule(lr){6-7}\cmidrule(lr){8-9}\cmidrule(lr){10-11}\cmidrule(lr){12-13}
            &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}&\multicolumn{1}{c}{(5)}&\multicolumn{1}{c}{(6)}&\multicolumn{1}{c}{(7)}&\multicolumn{1}{c}{(8)}&\multicolumn{1}{c}{(9)}&\multicolumn{1}{c}{(10)}&\multicolumn{1}{c}{(11)}&\multicolumn{1}{c}{(12)}\\
            &\multicolumn{1}{c}{TH. USD}&\multicolumn{1}{c}{IHS}&\multicolumn{1}{c}{TH. USD}&\multicolumn{1}{c}{IHS}&\multicolumn{1}{c}{TH. USD}&\multicolumn{1}{c}{IHS}&\multicolumn{1}{c}{TH. USD}&\multicolumn{1}{c}{IHS}&\multicolumn{1}{c}{TH. USD}&\multicolumn{1}{c}{IHS}&\multicolumn{1}{c}{Emp.}&\multicolumn{1}{c}{Emp.(Log)}\\
\hline
assignment  &       10.95         &        0.24         &       -1.03         &        0.24         &        0.86         &        0.09         &       -0.09         &        0.07         &        1.37         &        0.55\sym{*}  &        0.40         &        0.00         \\
            &     (12.38)         &      (0.15)         &      (3.17)         &      (0.15)         &      (2.41)         &      (0.14)         &      (0.46)         &      (0.14)         &      (1.63)         &      (0.31)         &      (0.39)         &      (0.06)         \\
\hline \\
95\% CI     &[-13.31, 35.22]         &[-0.06,  0.54]         &[-7.24,  5.18]         &[-0.05,  0.52]         &[-3.87,  5.59]         &[-0.19,  0.37]         &[-0.98,  0.80]         &[-0.21,  0.35]         &[-1.83,  4.57]         &[-0.06,  1.15]         &[-0.37,  1.17]         &[-0.12,  0.13]         \\
Mean        &      128.86         &       11.09         &       28.88         &        3.29         &       26.66         &        9.65         &        5.50         &        8.33         &        9.13         &        4.38         &        4.73         &        1.33         \\
\(N\)       &         335         &         335         &         323         &         321         &         357         &         357         &         355         &         355         &         299         &         299         &         355         &         355         \\

\\multicolumn{1}{l}{\\textbf{Panel B: By number of staff}}\\\\
\\textbf{1–3 employees}\\\\
\hline
1.assignment        &                     &                     &                     &                     &                     &                     &                     &                     &                     &                     &                     &                     \\
empcat=1            &        7.01         &        0.05         &        1.43         &        0.17         &        1.45         &        0.24         &        0.04         &        0.27         &        1.44         &        0.50         &        0.00         &       -0.05         \\
                    &     (21.39)         &      (0.25)         &      (5.49)         &      (0.24)         &      (2.76)         &      (0.27)         &      (0.80)         &      (0.26)         &      (2.46)         &      (0.46)         &      (0.63)         &      (0.10)         \\
\\hline
95\% CI             &[-34.91,48.93]         &[-0.43, 0.54]         &[-9.32,12.18]         &[-0.30, 0.65]         &[-3.96, 6.86]         &[-0.29, 0.77]         &[-1.53, 1.61]         &[-0.24, 0.78]         &[-3.37, 6.26]         &[-0.41, 1.41]         &[-1.23, 1.24]         &[-0.26, 0.15]         \\
Mean                &      55.312         &      10.105         &      21.235         &       2.876         &       9.132         &8.374000000000001         &        3.39         &        7.56         &       4.454         &       3.548         &       2.721         &        .898         \\
\(N\)               &         102         &         102         &          97         &          95         &         107         &         107         &         107         &         107         &          90         &          90         &         108         &         108         \\

\\textbf{4–6 employees}\\\\
\hline
1.assignment        &                     &                     &                     &                     &                     &                     &                     &                     &                     &                     &                     &                     \\
empcat=2            &        3.20         &        0.01         &       -6.62         &       -0.03         &        2.16         &        0.04         &       -0.04         &       -0.00         &        1.30         &       -0.49         &        0.87         &        0.04         \\
                    &     (20.67)         &      (0.18)         &      (5.11)         &      (0.19)         &      (3.46)         &      (0.23)         &      (0.75)         &      (0.23)         &      (2.94)         &      (0.48)         &      (0.72)         &      (0.11)         \\
\\hline
95\% CI             &[-37.31,43.71]         &[-0.34, 0.36]         &[-16.63, 3.39]         &[-0.41, 0.35]         &[-4.62, 8.94]         &[-0.42, 0.49]         &[-1.50, 1.42]         &[-0.46, 0.45]         &[-4.46, 7.06]         &[-1.44, 0.46]         &[-0.54, 2.27]         &[-0.18, 0.25]         \\
Mean                &     114.905         &      11.027         &      31.193         &       3.441         &      24.385         &9.665000000000001         &       6.144         &       8.379         &       10.59         &5.874000000000001         &       4.138         &       1.276         \\
\(N\)               &         128         &         128         &         124         &         124         &         137         &         137         &         136         &         136         &         118         &         118         &         137         &         137         \\

\\textbf{6+ employees}\\\\
\hline
1.assignment        &                     &                     &                     &                     &                     &                     &                     &                     &                     &                     &                     &                     \\
empcat=3            &       15.65         &        0.60         &        2.51         &        0.55\sym{*}  &       -1.90         &       -0.06         &       -0.11         &       -0.04         &        1.98         &        1.93\sym{***}&       -0.64         &       -0.08         \\
                    &     (28.29)         &      (0.37)         &      (6.58)         &      (0.29)         &      (5.59)         &      (0.22)         &      (0.84)         &      (0.22)         &      (2.91)         &      (0.61)         &      (0.85)         &      (0.13)         \\
\hline
95\% CI             &[-39.80,71.10]         &[-0.12, 1.32]         &[-10.37,15.40]         &[-0.02, 1.12]         &[-12.86, 9.05]         &[-0.48, 0.37]         &[-1.75, 1.53]         &[-0.48, 0.39]         &[-3.73, 7.69]         &[ 0.73, 3.13]         &[-2.31, 1.03]         &[-0.34, 0.17]         \\
Mean                &     214.523         &      12.091         &      32.977         &       3.529         &      45.864         &      10.824         &       6.664         &        8.98         &      11.447         &        3.29         &7.422000000000001         &         1.8         \\
\(N\)               &         105         &         105         &         102         &         102         &         113         &         113         &         112         &         112         &          91         &          91         &         110         &         110         \\
P-val Diff. between group 1 and 2&        .903         &        .887         &        .305         &        .519         &        .871         &.5590000000000001         &.9440000000000001         &        .423         &         .97         &        .142         &        .408         &        .552         \\
P-val Diff. between group 1 and 3&.8080000000000001         &        .212         &        .904         &        .321         &        .597         &        .393         &        .896         &        .368         &         .89         &        .073         &        .553         &        .858         \\
P-val Diff. between group 2 and 3&        .736         &        .162         &        .276         &        .096         &        .544         &        .778         &.9480000000000001         &        .905         &        .873         &        .002         &        .222         &        .476         \\
\\hline\\hline\\\\\\multicolumn{13}{l}{\\footnotesize * p<0.10, ** p<0.05, *** p<0.01}\\\\\\end{tabular}
